IT Finance SME

4 weeks ago

Bengaluru, India ISG (Information Services Group) Full time

POSITION SUMMARY:ISG seeks a candidate with extensive IT Finance experience around business case management, sourcing spend analysis, scenario analysis, ratio analysis, project accounting , invoice reviews and more.. This role bridges finance and technology, working with IT leadership to oversee budgeting, spend analysis, forecasting, vendor management, and financial reporting.ESSENTIAL JOB FUNCTIONS:- Collaborate closely with the client leadership to support business objectives and operational goals. - Develop, maintain, and report on financial and operational KPIs to monitor IT performance and cost-effectiveness. - Take ownership of IT budgeting and forecasting, including capital (CapEx) and operating expenses (OpEx) tracking. - Serve as a financial liaison for vendor relationships—evaluation, budget approvals, contract review, and payments. - Perform cost-benefit analyses for planned IT investments - Monitor IT project and development spend, ensure timely reporting and variance analysis. - Maintain accurate records of purchase orders, invoices, and vendor information, prepare reports and analysis on procurement activities - Establish and maintain relationships with vendors, Evaluate vendor performance and identify opportunities for cost savings, Resolve vendor disputes and issues - Create and maintain a comprehensive database with all financial documents and associated raw data - Understand and apply sound financial governance principles supporting transparency, traceability and auditability of source documents and resulting financial reports and transactions. - Interpret and apply contract language and standards to related financial activities and develop reports to monitor key financial elements of contracts. - Standardize sourcing spend governance processes and templates. - Ensure adherence to procurement and finance governance frameworks. - Support audits with accurate, complete, and timely financial documentation. - Support preparation of IT sourcing budgets and rolling forecasts. - Track actual vs. planned spend and highlight variances with root cause analysis. - Ensure accurate allocation of sourcing costs to consuming business units - Partner with sourcing teams to monitor savings commitments and track benefits realization.REQUIREMENTS:- CA, CPA, Bachelor's Degree in commerce discipline with MBA in Finance (preferred) - 10-12 years relevant experience - Good knowledge on IT functions and its relevance to the financial management - Strong understanding of purchasing and contract law - Proficiency in Financial Analysis and Planning - Working knowledge on different process applications including MS PowerPoint, Word, and Outlook - Strong English language aptitude/proficiency: solid written /verbal communication

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